Trading of renewable energy certificates (REC) at the Indian Energy Exchange (IEX) touched an all-time high in the November session, with 18.9 lakh RECs being traded under the non-solar category.
Is it the fatigue of being in the business of connecting thousands of villages with electricity for almost five decades? Or is it that banking is oh so sexy? Talk to PV Ramesh of Rural Electrification Corporation
Is it the fatigue of being in the business of connecting thousands of villages with electricity for almost five decades? Or is it that banking is oh so sexy? Talk to PV Ramesh of Rural Electrification Corporation.
Rural Electrification Corp ( REC) is looking at overseas business, starting with neighbouring countries, to supplement revenue from its traditional business of lending to rural power projects, chairman PV Ramesh told ET in an interview.
In the trading session of Monday, shares of REC took a hit to fall down by 7%. The steep decline came after the company reported fall in PAT by 31% YoY.
tate-owned Rural Electrification Corp (REC) posted a 30% fall in its profit for the second quarter at Rs 1,215 crore on prepayments from the state power distribution companies and low yield.
State-owned Rural Electrification Corporation (REC) today reported 30 per cent decline in standalone net profit to Rs 1,214.66 crore in the second quarter ended September 30, mainly due to lower revenues.
Singapore-headquartered solar panel maker REC hopes to be exempt from potential U.S. restrictions on imports following a recent trade finding that said no significant injury to the United States had been caused by makers including those from Australia, Canada and Singapore.
Mahindra and Mahindra Ltd rises as much as 2.1 pct to 1,316 rupees, highest since Sept 13
Beneficiaries shall be identified and their application for electricity connection along with applicant photograph and identity proof shall be registered on spot.
Prime Minister Narendra Modi on Monday launched a new scheme Pradhan Mantri Sahaj Bijli Har Ghar Yojana –“Saubhagya” to ensure electrification of all willing households in the country in rural as well as urban areas here today.